-Livemint.com One year after the implementation of 14th Finance Commission recommendations, 14 states have cut back on rural spending New Delhi: At a time when everybody is talking about rural distress, it seems many state governments have decided to turn their back on farmers. Data from the Reserve Bank of India’s (RBI) Analysis of State Budgets report shows that 14 out of 31 states cut their rural spending in 2015-16 compared...
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At The Margins -Lola Nayar
-Outlook Is the devolution of national funds to states really worth the praise? * Share of the states in the divisible pool of central taxes has risen from 32% to 42% for five years till 2019-20 * Rise in untied funds transferred is accompanied by cut in Central assistance for state plan spending * Limited ability of the poorer states to expand their fiscal space with own revenue collection * Funds for rural development...
More »Wake up, smell the leakage -Ashok Gulati & Prerna Terway
-The Indian Express Substantial number of interest subvention scheme loans are diverted to non-agricultural uses. Government must switch to an income-support subsidy regime The Union budget for 2016-17 has provisioned Rs 15,000 crore on account of interest subvention for short-term agricultural credit, up by Rs 2,000 crore over the Revised Estimate for FY16. The mere shifting of this line item from the department of financial services to the department of agriculture...
More »Brinkmanship over a limited dispute -Yogendra Yadav
-The Hindu The Centre should step forward and bring both Punjab and Haryana, ruled by the BJP and an ally, to the negotiating table to resolve the crisis over the Sutlej-Yamuna Link canal Contemporary India illustrates the tragic paradox of farmers’ politics: they get divided just when they need to unite the most. The last few years have witnessed a deepening of the agrarian crisis in India. This is the moment when...
More »Centre slaps fee to curb plastic use
-The Telegraph New Delhi: Shopkeepers and street vendors across India who wish to continue providing commodities in plastic bags would need to pay Rs 4,000 per month to local authorities under new rules intended to discourage free carry bags. The Union environment ministry today announced revised rules to manage India's massive burden of plastic waste. The rules will introduce this waste management fee on vendors, while imposing a collect-back system for brand-owners...
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